The Impact of Airdrop Size on Token Prices Explored
Friday, 24 May 2024, 15:02
Airdrop Size Less Impactful on Price Action
Recent research indicates that the size of airdrops has a limited effect on token price performance despite common beliefs.
Average Price Performance Over Time. Source: 6THMAN Ventures
A comprehensive study analyzing numerous events across different protocols found that the size of token distribution does not significantly influence price performance or volatility.
- Large anticipated token distribution events may create selling pressure and stabilize over time.
Another study by CoinGecko supports this view, emphasizing the importance of recipient behavior in token price dynamics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.